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App Store wildly successful, but not hugely profitable for Apple

Posted by Bob on: 01/26/2010 10:24 PM [ Print | 0 comment(s) ]

Despite a record quarter for the largest mobile application store on the market and Apple taking a 30 percent cut of all sales, the App Store for the iPhone and iPod touch is still not a big revenue generator for the handset maker.

App Store wildly successful, but not hugely profitable for Apple